New Position – We’re Shorting the Euro (Again)

Our Archive

Search completed

Starting early this year, we had a short Euro position via the ETF EUO – and covered that when Euro sentiment reached pessimistic extremes.  Since the Euro bottomed around 1.19 in early June, it rallied as high as 1.33 earlier this month.  Was that enough to send the “Euro haters” packing? Judging by the charts […]

Read More

So far so good on that short S&P 500 position we initiated Wednesday afternoon via the futures market.  We had a beautiful nosedive in equities yesterday – it was truly breathtaking, really – followed up by a somewhat muted rally that didn’t get going until late in today’s trading day. Heading into Thursday’s trading, the […]

Read More